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It’s been much criticised and it’s well overdue, but finally, the new Business rates in England, Scotland and Wales are about to be revealed. Since 1st April 1990, there have been regular Rating Revaluations performed by the Valuations Office Agency (VOA). Revaluations often tend to be on a five yearly basis using known rental values from two […]

Starting from April 2017, businesses whose properties have a Rateable Value of up to £12,000 will not have to pay business rates at all. That’s music to the ears of many small shop owners and small businesses and a warmly received rise, doubling the existing £6,000 threshold. To add to this further, property that has […]

From April 2017, small businesses that occupy property with a rateable value of £12,000 or less will pay no business rates. Currently, this 100% relief is available if you’re a business that occupies a property (e.g. a shop or office) with a value of £6,000 or less. There will be a tapered rate of relief […]

The new reform is well overdue and is welcomed by small business among the united kingdom. The chancellor has announced from the next tax year 2017, over 600,000 small business in the uk will no longer have to pay small business rates, with a further 250.000 businesses in the uk will pay less in there […]

It is said that the record 23.5 billion is the highest income since business rates was first introduced back in the 1990s. The government is set to scrap the central grant by 2020, so councils will be able to keep all business rates income, and will pocket £11.75 billion under the current rules the following […]